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Heinz Chairman Expects Company to Report Third-Quarter EPS of $0.84
Thursday, February 24, 2011 - 7:55am | 56H.J. Heinz Company (NYSE: HNZ) expects to report “solid third-quarter results with earnings per share of around 84 cents,” Chairman, President and CEO William R. Johnson said today during his presentation at the annual conference of the Consumer Analyst Group of New York (CAGNY) in Boca Raton,...
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Why Unilever Could Bid for Colgate and Why Now
Wednesday, February 23, 2011 - 2:56pm | 157Unilever (NYSE: UL) aims to double its revenue within a decade, and Colgate-Palmolive (NYSE: CL) might help it get there. Under current CEO, Paul Polman, the consumer giant has been on an acquisition spree with the recent acquisitions of Sara Lee's European shower gel and detergents business and of...
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Hershey Sees 2011 EPS of $2.70 to $2.76
Wednesday, February 23, 2011 - 2:49pm | 145In a presentation today at the 2011 Consumer Analyst Group of New York conference, David J. West, President and Chief Executive Officer, The Hershey Company (NYSE: HSY), and J.P. Bilbrey Executive Vice President, Chief Operating Officer, reviewed progress the Company has achieved in its consumer-...
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Coca-Cola and Heinz Announce Partnership to Expand Use of PlantBottle Packaging
Wednesday, February 23, 2011 - 10:13am | 92The Coca-Cola Company (NYSE: KO) and H.J. Heinz Company (NYSE: HNZ) today announced a strategic partnership that enables Heinz to produce its ketchup bottles using Coca-Cola's breakthrough PlantBottle packaging. The PET plastic bottles are made partially from plants and have a lower reliance on...
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Top 4 Small-Cap Stocks In The Farm Products Industry With The Highest Operating Margin (GAGA, CALM, SEED, GLGL)
Wednesday, February 23, 2011 - 3:00am | 126Below are the top small-cap farm product stocks on the NYSE and the NASDAQ in terms of operating margin. The trailing-twelve-month operating margin at Le Gaga Holdings Limited (NASDAQ: GAGA) is 28.10%. GAGA's revenue for the same period is $51.51 million. The trailing-twelve-month operating margin...
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B&G Foods Increases Dividend by 24% to $0.21
Tuesday, February 22, 2011 - 4:46pm | 97B&G Foods, Inc. (NYSE: BGS) announced today that its Board of Directors increased the Company's quarterly dividend rate 24% from $0.17 per share of common stock to $0.21 per share of common stock. The next quarterly dividend will be payable on May 2, 2011 to shareholders of record as of March...
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Sara Lee Discusses Proposed Spin-off Transaction at CAGNY
Tuesday, February 22, 2011 - 1:39pm | 230Presenting at the Consumer Analyst Group of New York's (CAGNY) annual conference, Sara Lee Corp. (NYSE: SLE) today reviewed its plan, announced on Jan. 28, 2011, to spin off its North American Retail and Foodservice business in a tax-free transaction, creating two pure-play, publicly traded...
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What's Wrong with this Sugar Investment? (SGG, IPSU)
Tuesday, February 22, 2011 - 1:30pm | 792Last May, I advised you to consider buying an American sugar producer. Here's what I said, “I'm looking for a 12 cent per pound floor. If sugar hits that price, or even dips lower, I'll be on the lookout for an entry point into a sugar company. There's really only one publicly...
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An Income Producing Natural Gas Investment (IEO, CHK, COP, DVN, CMLP)
Tuesday, February 22, 2011 - 12:24pm | 63Income investors are frequently looking for high yield investments in the energy sector, and the master limited partnership (MLP) is one of my favorite structures to help investors meet that(...)Read the rest of An Income Producing Natural Gas Investment (IEO, CHK, COP, DVN, CMLP) Copyright 2010...
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An Income Producing Natural Gas Investment (CMLP)
Tuesday, February 22, 2011 - 11:22am | 735Income investors are frequently looking for high yield investments in the energy sector, and the master limited partnership (MLP) is one of my favorite structures to help investors meet that goal.An MLP is a common organizational structure for oil and natural gas...
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An Income Producing Natural Gas Investment (CMLP)
Tuesday, February 22, 2011 - 11:22am | 735Income investors are frequently looking for high yield investments in the energy sector, and the master limited partnership (MLP) is one of my favorite structures to help investors meet that goal.An MLP is a common organizational structure for oil and natural gas...
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Goldman Sachs Comments On Hormel Foods (HRL)
Tuesday, February 22, 2011 - 10:00am | 39Goldman Sachs provided color on Hormel Foods (NYSE: HRL) in a research report published today. Hormel Foods was trading at $27.46 at the time of posting, up 2.01% from last Friday's market close.
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General Mills Reaffirms FY EPS Outlook of $2.46 to $2.48
Tuesday, February 22, 2011 - 8:38am | 67In remarks today at an investor conference, General Mills (NYSE: GIS) said it was on-track to achieve the sales and earnings growth targets established for its 2011 fiscal year ending in May. The company expects to deliver low single-digit growth in net sales, a mid single-digit increase in...
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Jefferies Raises SJM Target From $64 To $68
Tuesday, February 22, 2011 - 8:38am | 106Jefferies is raising its PT on shares of The J. M. Smucker Company (NYSE: SJM) from $64 to $68. Jefferies is also raising its 4Q and FY11 EPS estimates to $0.96 and $4.75 from $0.95 and $4.65. “The revised forecast largely reflects lower share count, higher sales, especially in coffee, the...
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Benzinga's Top Pre-Market NASDAQ Gainers (TTHI, IRDM, PAAS, GMCR)
Tuesday, February 22, 2011 - 8:13am | 120Transition Therapeutics Inc (NASDAQ: TTHI) rose 12.04% to $4 in the pre-market session. TTHI swung to profit in the second quarter. Iridium Communications Inc (NASDAQ: IRDM) added 8.37% to $9 in the pre-market session. IRDM is scheduled to report its Q4 earnings on March 7. Pan American Silver...